Financial Reporting for 2025 (ROI/NI)

This course will be delivered via Zoom on Wednesday 4 December 2024 from 2pm to 5.30pm. The Zoom link will be emailed to participants the day before the course is due to take place.

This course is suitable for accountants, and other business professionals, both from small and mid-sized practices and in business, from across the island of Ireland.

While the exact content of this webinar will be agreed closer to its airing, some of the likely issues to be covered will include:

• The main proposed updates to FRS 102 and 105 (these relate to Lease and Revenue Accounting) coming from the FRC Periodic Review of UK & Irish GAAP completed earlier this year.
• UK Companies House Reforms, coming from the Economic Crime and Corporate Transparency Act 2023, and the resulting major impacts ahead for SME Financial Reporting.
• Recently announced changes to the Company Size criteria for both the UK & Ireland, and their impacts on your clients and practice.
• Sustainability Reporting, how it is likely to impact your clients and what you need to do to prepare.
• Typical areas for improvement with relation to Financial Statements Disclosures and Presentation, as highlighted by Professional Standards, the Practice Consulting Team, and Regulators, such as IAASA and the FRC. Some areas where disclosure improvements are commonly identified that will be covered relate to Going Concern issues, Judgements & Key Sources of Estimation Uncertainty in preparing financial statements and the Accounting Policies employed.

This session will look to address common scenarios impacting SMEs across the UK & Ireland, including giving example　template financial statement disclosure notes.

Appreciate the key Financial Reporting issues for your SME clients into 2025 and how to address these.